Options:

net operating profit after taxes

free cash flow

working capital

annual report

tax loss caryforward

Match the textbook definition on the left to the correct term on the right. Ordinary corporate operating losses can be carried forward indefinitely to offset taxable income in a given year. Current assets. The profit a company would generate if it had no debt and held only operating assets. The amount of cash that could be withdrawn without harming a firm's ability to operate and to produce future cash flows. A report issued annually by a corporation to its stockholders. It contains basic financial statements as well as management's analysis of the firm's past operations and future prospects